NDC STATEMENT ON COURT RULING. (PHOTO). #PRESS RELEASE.

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 NDC STATEMENT ON COURT RULING Our attention has been drawn to a ruling by the Federal High Court sitting in Lokoja this morning, wherein His Lordship, Honourable Justice Isah Dashen, gave a ruling on an application filed by an unregistered association known as Peace Movement Party. The public knows that by December 2025, the Nigeria Democratic Congress  as an association complained of INEC’s refusal to register us as a political party, whereupon we proceeded to the Federal High Court. The Federal High Court upheld our constitutional right to freedom of association under the Constitution and compelled INEC to register us, which INEC did. Since then, we have started political activities, embarked on the registration of members, held congresses from ward to national levels, held conventions, and concluded primaries to all offices following INEC’s timetable. We have been fully participating in all INEC activities without let or hindrance. NDC also fielded candidates, and fully pa...
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FG TO LAUNCH NEW OIL BLOCK LICENSING ROUND IN 2025, AS WINNERS OF 2024 EXERCISE ARE ANNOUNCED TODAY.(PHOTO).

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 FG to Launch New Oil Block Licensing Round in 2025, As Winners of 2024 Exercise Are Announced Today


The Nigerian Upstream Regulatory Commission (NUPRC) has confirmed plans for a new oil bidding round in 2025, aimed at attracting investments, boosting oil and gas reserves, and enhancing Nigeria’s production capacity. NUPRC’s Chief Executive, Engr. Gbenga Komolafe, revealed that the 2025 round would focus on undeveloped fields and natural gas development to align with Nigeria’s UN Sustainable Development Goals.


Speaking at the 2024 Licensing Round Commercial Bid Conference in Lagos, Komolafe emphasized that the 2025 exercise would unlock Nigeria’s hydrocarbon potential, drive economic growth, and attract investors. He added that the NUPRC aims to responsibly and sustainably develop the nation’s oil and gas resources.


Meanwhile, the winners of the 2024 Licensing Round, which launched in May, will be announced today. This year’s round featured 24 carefully selected blocks, with a total of 31 blocks available, including seven carried over from the 2022 Mini Bid Round. The 2024 exercise is designed with a focus on transparency, accountability, and environmental responsibility.


Komolafe also highlighted the importance of collaboration between local and international companies, promoting local content, and creating employment. The NUPRC’s initiatives aim to drive exploration and development, ensuring Nigeria’s position as a leading energy player.

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